Job Recruitment Website - Social security inquiry - Is it appropriate to start paying social security at the age of 5/kloc-0?

Is it appropriate to start paying social security at the age of 5/kloc-0?

5 1 It is appropriate to start paying social security.

Social security must be paid for fifteen years. At retirement age, if the social security has not been paid for fifteen years, you can apply for a one-time payment of social security.

Three ways to deal with social security are as follows:

1. If the payment is allowed to be extended to 15 years, and after the insured reaches the statutory retirement age, if the payment of the endowment insurance for urban workers is less than 15 years, the payment can be extended to 15 years in the place where the benefits are received in accordance with relevant state regulations. Among them, those who participated in the insurance before the implementation of the Social Insurance Law and were still dissatisfied with 15 years after the extension of payment for 5 years can be paid in one lump sum. After that, you can receive insurance benefits in accordance with normal social security regulations;

2. For the deferred payment of the old-age insurance for urban workers below 15 years, you can also apply for the transfer from the old-age insurance for urban workers to the old-age insurance for urban and rural residents and enjoy the corresponding old-age insurance benefits;

3. Individuals can apply in writing to terminate the employee's basic old-age insurance relationship, and social organizations will terminate the employee's old-age insurance relationship after their written confirmation according to procedures, and pay the amount stored in their personal accounts to me in one lump sum. Extended data social insurance is a government behavior, so it has mandatory characteristics. Employers or institutions should sign labor contracts when hiring employees, and they should handle social insurance for employees, which is the social responsibility and obligation of employers.

To sum up, according to the relevant regulations, individuals who participate in the basic old-age insurance will receive the basic pension on a monthly basis when they reach the statutory retirement age and have paid for fifteen years. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.